George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Hey Bishop, hope you are well.
Ok, I'm feeling a bit better now...before I go in for my 'hip operation' (COVID pending)..
16000 bpd would be absolutely fantastic. Recently (May/July this year) I was working - replacing Anchor Chains) on the Alba FSU... This 'Floating Storage Unit'.. was previously owned by Chevron UK was bought over by 'Ithica Energy' (does anyone remember them -IAE.. made a few quid with them) anyway, of the North Sea Field which it services.. combined with three (3) platforms produces 12,000bpd... 'l imagine at a much higher cost per barrel than in the Nigerian Basin'....
I believe 'if true' this WILL be truly transformational for TRP...
Let's hope JA has got the funding/Rig Contact etc.. all in place..
If he can pull this off, TRP will be in a fantastic position to fund our Namibian and possibly our SA campaigns. ;)
Come on JA, give us some positive news. :)
https://www.ithacaenergy.com/our-operations/ithaca-operated-assets/alba
ATB
What a dilemma... Seriously considering selling half my holding in SGZ to 'top-up/buy' in here...they would be both the same SP and similar to my average (relatively speaking - taking SGZ consolation into the equation)....
I would just like to play both off each other...to see how much value the markets put on 'Welsh v Scottish Gold'...Both are expected to be production (circa 4-5 weeks)...Hmmmm...
ATB
I know I'm not exactly comparing 'apples with apples' here as ALBA has far more interests/resources..'Greenland' etc..
Take ScotGold (SGZ) for example, they had similar issues a while ago they too - were stuck in the 'sub-penny' region - they also had billions of shares in issue and many many 'warrants' outstanding but once processed they went through a 'share consolidation' (100 for 1). They have now climbed out of the 'sub-penny' trough.
Shares in issue-wise, taking into account the 'consolidation', ALBA should be on a similar footing... SGZ would be at circa 1.2p with 5400M shares.. however SGZ are ~x3 the MC of ALBA with far less resources.
Draw your own conclusions...or you could just 'sell' and start chasing rainbows.
ATB
Can't fathom the amount of trades (albeit the majority were very small trades),.. that people are willing to sell at...(most probably at a small loss)...but still I Can't understand that WE are on a cusp of a massive rise on the SP with enormous prospects..'But hey-ho'.... Each to their own, if folks will sell at a loss, so beit... I am for sure topping up at these levels.
Most don't realise what a fantastic opportunity they have to make some serious money and potentially pay off their mortgage or bills and have a comfortable retirement... (Most likely in the next few months).. The 'trends' are there on the graphs...if you care to look.
But unfortunately this share seems to be controlled by 'day-traders' wanting to make a couple of quid with no future ideals.
ATB
Many thanks... :)
ATB
Well that's bloody obvious... If your on a 'gawd damn' rig in the 'gawd damn' Nigerian Basin.. your bound to be in a 's***-hole' of a bubble... (apologies.. maybe I should've said 'tranquil')...FFS get the 'tranquil' deal done... :o
ATB
Hi guys, general question. Does anyone know which company is analysing the samples?... Just wondering if 'they' would be affected be 'lockdown' restrictions in the UK (or elsewhere).
ATB
Paradoxically, I'm kind of glad RG announced the impending 'minimal' dilution.
Great for the growth of the 'company/empire'...also hopefully dispatched most of the 'day-traders'..holding us back.. ;)
Bit of nostalgia..for those who can remember ;)
https://youtu.be/_D-LmRNdQiQ
ATB
Lol... I remember that... I'll be humming that all day now :))))
https://youtu.be/_agtNKbgSfI
ATB
If the first batch of 'bulk' retuns with positive results, you can guarantee he will inform the market ASAP..so I wouldn't bet on '3-4weeks until ALL the samples are analysed'...
But it's your call if you are happy to 'sell' and day-trade elsewhere...??
ATB
I'm thinking of the 'bigger picture' here.
LVG is a great prospect with plenty exploration upsides (remember Christian Schaffalitzky of EUA is still on the board and I don't think he'd have sanctioned this purchase otherwise - he is no fool) Ok, it may take a while to get into production (funding wise with a little dilution) concurrently the new team will be working on Gold Ridge once COVID restrictions are lifted in Arizona.
Meanwhile, the O&G assets will be in production, with one or two wells developed for Carbon Capture trials (c/w funding from O&G Majors and UK Gov)...then Middle East renewable energy (again with massive funding from the Arabs).
Hopefully with the new prospectus' this will also likely push through/fund the Romanian O&G deal which is still on the table. Also not forgetting Cobalt in Australia and 'other' projects in the pipeline...
If you currently think (AIM) companies like GGP, EUA etc are doing well..I believe WE have an excellent opportunity to evolve into a 'Super Major' on the MAIN Market...
Ponder this with your afternoon coffee.. while you hover over your keyboard deciding whether to make a couple of quid on a 'day-trade'.
ATB
Lol ... You have a lot to learn.. probably NT's .. looks like the bubble has burst (for now) Good few placings to come before actual money in the bank.... Plenty more drills to come (blind spinsters thumb...lol).
I wouldn't mind, but I've been holding here since 0.17... but I've got to have a chuckle at all these expectations...(GGP,EUA etc..)... :)
ATB